
Shiela Kuehl: Proposition 38, which amends state statutes (not the Constitution) to increase state income tax for any Californian earning more than $7316 a year, and allocates the increased revenues to K-12 education, state debt and early childhood education.


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How to Win the Debate on Taxes
Steve Hochstadt: epublican proposals in the Senate and House, created mainly by Romney’s VP selection, Paul Ryan, lower taxes on the wealthy in two whopping chunks: the top tax rate drops from 35% to 25%, and all taxes on capital gains disappear.